How it works
1 · What a namedrop is
Anyone launches a coin for any @handle. One coin is a drop; a handle can have many. Liquidity is locked from launch. There is no bonding curve, no graduation, no price ceiling. The launch fee is 1 USDC.
2 · Where the fee goes
Every trade pays a 1% fee in USDC. It is split like this, every time, with no exceptions.
| → the handle's tab | 70% |
| → protocol | 30% |
| → the launcher | 0% |
3 · How a handle gets paid
Verify once. Paste an address. Paid.
| Verify | log in with X | costs nothing |
| Address | paste any address on Arc. No wallet connection, no signature. | costs nothing |
| Paid | the waiting tab is sent there, and every fee after it as it comes in | we pay the gas |
4 · If they never claim
The tab waits. There is no expiry, no sweep, no clawback. Nobody can point it anywhere but the handle.
5 · What we can and cannot do
Our backend signs the verification. A compromised backend could point a handle's fees at the wrong address. We cannot pull liquidity; the contracts do not allow it. The protocol takes 30% of every fee.
6 · Renames and suspensions
Tabs are keyed to the X user id, not the name. A renamed handle keeps its tab. A suspended handle's tab keeps waiting until the account is back.
7 · Contracts
| pad (launch + locked liquidity) | 0x694922E87fe0Fb8847F3032540fEc5063f160a86 ↗ |
| hook (1% fee) | 0xB8F44268ab4eBB47F51Fb753c10E18eb519C60CC ↗ |
| vault (tabs) | 0xa9FcBE90648fDa12bAe4c8bBa453b38e3992F57D ↗ |
| router (swaps) | 0x9077Ea9A0457475CE5FbD2cA9cFE3b3b878D0299 ↗ |